Small Account Challenge Day 2: +$28

Today I played $ECYT an overnight hold pick. I’m really focusing on 3% gains per day, and not losing (because I’ve had a few big losers this month and prior). So I took a position size of 270 shares @ $3.59, and boom sold at $3.70 which was my target.

I missed a lot of upside potential on this stock because I couldn’t watch it as close as I wanted to because of work. So I couldn’t sit down and hold the trade. It actually hit $3.95 in the first five minutes of open and held $3.90 until almost 10 am. So I could have made 8-10% instead of just 3%.

But two things you never do: celebrate unrealized profits, and cry over taking profit too early.

I locked in $27.63 gain and never had to quit working.

I want you to look at how close to close and to open I bought and then sold this stock. This is from trading confirmation:

$ECYT- Buy one minute before the close, sell 5 seconds into the open. Quick profits!